You make $67,321 and pay taxes as a partnership at a rate of 25%. How much do you owe in taxes?

You are required to pay quarterly estimates of the tax liability for your company. You expect the liability to be $36,450 for the full year. If you make even quarterly payments, how much will the payments be?

You may have to pay a penalty if, during the year, you pay less than 90% of the taxes you owe for that year. If you expect to owe $12,567, how much do you need to pay during the year to avoid the penalty?

A company has a market capitalization of $20,000,000. It has 30% of its market cap sold under preferred stock and 70% under common stock? How much money of the market capitalization is preferred stock?

The company announces a three-for-one stock split. You will wind up with 1,500 shares after the split. How many shares did you have before the split?

A corporation announces a dividend of $.10 per share. If you own 1,500 shares of stock, how much money in dividends will you receive?

A partnership with 10 partners distributes its profits of $450,000 equally to the partners except partner #10 who receives 5% of the total profit. How much do partners #1-9 get equally?

Your company is a partnership with you and one other owner, each with a 50% stake. The company has assets of $247,965 and liabilities of $410,920. You both decide to liquidate the company. Assuming you can sell the assets at their listed value, how much will you be personally liable for?

You are in a partnership with 3 other partners, all with equal stake in the company. Your company is expecting profits to be stable at $250,000 per year for the foreseeable future. Another partner offers you $400,000 to buy out your share. Evaluating this decision financially over a 5 year window, is the offer worth it? For simplicity, you can assume that $250,000 in 5 years is worth the same as $250,000 today (that is, there is no inflation and you are not discounting for the time value of money).